I see the Asian Markets are off to a rousing start today.

[Dr.Phool]

Nikkei down over 360 pts already. Must be more bad news coming in the morning.

http://finance.yahoo.com/intlindices?e=asiaing.

[Klukie]

1. Anything to do with this?

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=3152471&mesg_id=3152471

[Dr.Phool]

2. Probably part of that,

And Citibank and Merrill announcing another 15 billion in write downs today.

[Snarkoleptic]

3. Asian markets generally trail the US market, so it's them following the crap US market took Friday.

That being said, the Dow look ripe for a fall.
It's presently at about the same level as it was at the end of 2006.
This is significant because, since then, there's been considerable de-leveraging and erosion in the credit markets.
I'm in cash now as I expect to see Dow 11,000 at the end of Q3.
But then again, what do I know...we all guess and dabble.

[DemocratInSoCal]

4. The Dow Will Be Up 400 Points Tomorrow

Everything is fine. Nothing to see here.